Investing Superstar Warren Buffett is 84 years old.
His networth is currently around $63 Billion.
Which means, he’s earnt around $750 Million a year on average each year of his life.
Given that this is about 1000 times more than the average worker in Australia earns – roughly $75,000 a year – we can probably all learn something him.
So how did he create such wealth?
“I just sit in my office and read all day” says the great man.
Buffett once held up stacks of paper and said he “read 500 pages like this every day.
In fact, he estimates that he spends 80 percent of his day reading and thinking.
You see, Buffett figures he’ll only make about 20 major investment decisions in his life.
And, his wealth is determined by the quality of those decisions.
How does he make the best quality decisions?
By doing better research – and better quality thinking – than the next guy or gal.
And this comes from being a better educated investor.